XML 18 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net income $ 20,879 $ 18,154
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,650 22,819
Share-based compensation expense 3,781 3,045
Deferred income taxes (592) (2,990)
Gain on insurance recovery (307) (1,531)
Proceeds from insurance recovery 266 916
Provision for doubtful accounts 58 181
Other 866 626
Changes in operating assets and liabilities:    
Accounts receivable 550 1,508
Inventories (4,907) 2,356
Customer deposits 2,728 4,531
Other assets and liabilities 6,534 1,977
Accounts payable and accrued liabilities 9,988 (2,844)
Net cash provided by operating activities 62,494 48,748
Cash Flows from Investing Activities:    
Capital expenditures (18,231) (15,394)
Proceeds from sale of property and equipment 2,421 0
Proceeds from insurance for destroyed property and equipment 55 1,045
Other 0 83
Net cash used in investing activities (15,755) (14,266)
Cash Flows from Financing Activities:    
Payments on lease obligations (2,824) (2,577)
Taxes on vested restricted shares (1,233) (1,555)
Dividends paid (11,337) (8,223)
Common stock repurchased (14,456) 0
Construction allowance receipts 0 1,350
Net cash used in financing activities (29,850) (11,005)
Increase in cash, cash equivalents and restricted cash equivalents during the period 16,889 23,477
Cash, cash equivalents and restricted cash equivalents at beginning of period 87,606 71,515
Cash, cash equivalents and restricted cash equivalents at end of period $ 104,495 $ 94,992